December 9, 2002 -- Transcontinental has taken home the silver medal in the Media and Communications category for its 2001 Annual Report at the CICA Corporate Reporting Awards presented by the Chartered Accountants of Canada in association with the National Post. This is the second consecutive year that Transcontinental's Annual Report is honoured by the CICA and the National Post. The awards, now in their 50th year, serve to recognize excellence and leadership in financial and corporate reporting in Canada. Transcontinental won thanks to its outstanding presentation and superior understandability and readablility. This is the second award garnered this year by Transcontinental's 2001 Annual Report. Last June, in a competition organized by the League of American Communications Professionals entered by over 600 companies from across North America, Transcontinental won the Platinum Award for best annual report in its category and, with a score of 90%, placed third overall among the 100 best Annual Reports of 2001. "Transcontinental is very honoured to have such prestigious awards bestowed upon its Annual Report," said Luc Desjardins, President and COO of Transcontinental. "Such an honour, however, would certainly not have been possible without teamwork, particularly that of the master printers at our Transcontinental Litho Acme plant in Montreal with whom we worked very closely to ensure a productof second-to-none quality." In fact, Transcontinental has considerable expertise in printing annual reports. In 2001 alone, the company printed the annual reports of some 60 major Canadian corporations and pension fund managers. Transcontinental realizes that an Annual Report is a clear and powerful reflection of any public company. Through its pan-Canadian network of sheetfed printing facilities located in Quebec City, Montreal, Toronto and Winnipeg - the most important network in the country - Transcontinental is able to meet its customers' highest standards in a timely and dependable manner, wherever they may be located in the country. One of the ten largest commercial printers in North America, Transcontinental Group is Canada's leading printer of flyers, direct marketing products, books and newspaper, as well as a the country's second-largest printer of magazines, catalogues and directories. Transcontinental is also Canada's leading publisher of consumer magazines and the country's second-largest publisher of community newspapers. In addition, the Corporation is engaged in the door-to-door distribution of advertising material. Transcontinental has over 12,000 employees in Canada, the United States and Mexico, and posted revenues of $1.8 billion in 2001.